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Back 40895 Cherry Ave
Off Market

40895 Cherry Ave

Monterey County CA 93927

871200 sq. ft.
Land
Last sold for $1,325,000
Martin SanchezMartin Sanchez, last sold this property on 10 April 2026 after 18 days on market.

Overview

Prime 20-Acre Development Opportunity in Greenfield Highway Commercial Future Potential! Seize this exceptional 20-acre parcel of flat, usable land currently zoned for agricultural/truck crop use, strategically positioned for future growth in the heart of Monterey County's expanding corridor. Excellent Freeway Access Convenient northbound on-ramp toHighway 101 for quick trips to San Francisco and southbound access toward Los Angeles, making it ideal for logistics, retail, or commercial ventures. High-Visibility Location Situated in a bustling activity hub near major freeways, popular tourist attractions, regional shopping centers, and a key node for interstate commerce. Existing Single-FamilyResidence (2 bedrooms, 1 bath) occupies part of this expansive lot. Some public utilities already in place, including gas and PG&E electrical services, reducing future development costs and timelines.

Features

871200 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Monterey County over the last 12 months, the estimated median property value of 40895 Cherry Ave is $181k.

Median value
$181k
Estimated value range
$100k - $1.32m
Median days on market
116
Estimated value trend
-39%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Monterey County. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40895 Cherry Ave

2026
Sold
$1,325,000
10 Apr 2026 by Martin Sanchez, of Orion Realty Group

Happy sellers in Monterey County

~%

We have insufficient information to provide an overview of customer satisfaction for Monterey County. Viewing the agent profiles, reviews and sales for Monterey County can provide insights for this location.

Local market activity for land plots in Monterey County

In the last 12 months, 7 land plots similar to 40895 Cherry Ave, have been sold.

This represents a 75% decrease in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Monterey County

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Jasmine Duncan

Jasmine Duncan is a recommended agent for Monterey County.  They have 5 local sales across the last 12 months.

  •  5 Sales in Monterey County
View profile
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Martin Sanchez

Martin Sanchez is a recommended agent for Monterey County.  They have 3 local sales across the last 12 months.

  •   5   (3 reviews)
  •  3 Sales in Monterey County
View profile
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Sigifredo Ponce

Sigifredo Ponce is a recommended agent for Monterey County.  They have 2 local sales across the last 12 months.

  •  2 Sales in Monterey County
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Josue Lugo

Josue Lugo is a recommended agent for Monterey County.  They have 2 local sales across the last 12 months.

  •  2 Sales in Monterey County
View profile
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